The-controversy notion of trickle-down economics

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Some defenders of the current level of inequality claim that although it’s not inevitable, doing anything about it would be just too costly. They believe that for capitalism to work its wonders, high inequality is an inevitable, even necessary feature of the economy. After all, those who work hard should be rewarded, and have to be, if they are to make the efforts and the investments from which all benefit. Answer to this Question: What do you think of the above idea? Please present your own thoughts in association with the at-the-controversy notion of “Trickle-down economics.”

Reference no: EM131240556

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